THX acquired by Razer

THX announced today that

Razer has acquired the majority of the assets of THX Ltd. and brought onboard the management and employees of the company, according to THX.

THX will continue to operate as an independent entity under its own management and apart from the ongoing business of its parent company.

Financial details of the transaction were not disclosed.

Founded by filmmaker George Lucas in 1983, THX and its partners provide premium entertainment experiences in the cinema, in the home and on the go.

Razer provides connected devices and software for gamers.